it looks like Paypal is looking to take a piece of Apple’s iTunes share as it may allow a fair number of artists to publish their music online and get paid for it directly.

“According to a press release on shareholder.com, PayPal are introducing micropayments processing fees for digital goods. Will this allow musicians to do away with record companies completely and successfully sell their own music online?” It looks geared to be the under $2 area and not the couple of pennies area, so I think calling it “Micropayments” is a bit much, but it’s something.

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